Sawhill Stephanie 4

What Happened Stephanie Sawhill, Karman Holdings' former Chief Growth Officer, was granted 689 restricted stock units (RSUs) on May 21, 2026. The Form 4 records the RSUs as acquired at $0.00 (total $0) — these RSUs are a contingent right to receive one share of common stock upon settlement. The award vests in three equal annual installments beginning February 20, 2027. This is an award/grant (not a market buy or sale).

Key Details

• Transaction date and price: May 21, 2026 — 689 RSUs @ $0.00 (acquisition code A).
• Vesting: Three equal annual installments starting Feb 20, 2027 (see footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Filing timing: Report filed May 26, 2026 for the May 21 transaction — later than the typical 2-business-day Form 4 window for many insiders. (Filing also notes this is an "exit filing" per footnote F2.)
• Other: Exhibit 24 (Power of Attorney) attached per the filing remarks.

Context RSUs are a form of equity compensation that convert to actual shares upon settlement and vesting; an RSU grant is not the same as a purchase or sale and does not by itself signal insider buying or selling intent. Footnote F2 indicates this filing also serves as an exit filing because Sawhill is no longer subject to Section 16 reporting requirements — future transactions by her may not require Form 4 reporting unless she again becomes a Section 16 person.